GBP/JPY – 30M – BUYNext a ‘Stick Sandwich’ candlestick chart pattern is detected. The chart shows ‘Stick Sandwich’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Stick Sandwich’ going up is 62% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.78100 |
| 2nd High | 196.41700 |
| Next High | 194.99000 |
| Current Price | 194.22000 |
| Next Low | 192.85100 |
| 2nd Low | 192.51300 |
| 3rd Low | 192.44600 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Stick Sandwich